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The real estate market is seeing a series of new proposals and projects across the urban, resort, housing and industrial property segments. In Hanoi, a company affiliated with Sun Group has proposed investing in the Ba Vi ecological tourism complex, including a safari component spanning more than 580 hectares. The city has also handed over more than 270 hectares in Thu Lam Commune, Dong Anh, to Song Hong Future Group for a multi-purpose urban area, while more than 8 hectares has been allocated to Thai Ha Company for a housing project for police officers and soldiers. In Tay Ho Tay, coordinated planning, gradually improving infrastructure, a large land fund and spacious workplaces are considered factors increasing the area’s appeal to businesses seeking Grade A offices. Meanwhile, a garment factory in Vinh Tuy Ward could be converted into a 26-story high-end housing complex, with proposed investment capital exceeding VND 3 trillion. T&T Group has also proposed studying four planning...

The real estate market recorded notable developments across the housing, resort and industrial segments. In Ho Chi Minh City, HoREA proposed that electricity and water services should not be cut off for homes where owners are legally residing, even if the properties have construction violations related to renovation or repair work. The city’s People’s Committee also authorized commune, ward and special administrative area authorities to determine selling prices for resettlement housing built with state investment, with the policy applicable through the end of 2030. The Ministry of Construction proposed expanding the group of real estate business contracts eligible for transfer, including houses and completed structures that do not yet have land-use certificates. Meanwhile, buyers were advised to carefully calculate all remaining financial obligations after transactions involving “free home” advertisements in order to limit risks linked to previous owners. In southern Ho Chi Minh City...

Today’s real estate market saw notable developments across policy, planning and project development. The Ministry of Construction proposed expanding the group of real estate business contracts eligible for transfer, including contracts for houses and completed structures without red title certificates. In Ho Chi Minh City, the municipal government authorized commune-, ward- and special administrative zone-level authorities to determine selling prices for state-funded resettlement housing, with the policy applicable through the end of 2030. The city also addressed obstacles in subdividing residential land interspersed with agricultural land, allowing owners who separate the residential portion not to be required to meet minimum area requirements for the accompanying agricultural land. However, HoREA warned that legal gaps concerning land subdivision could be exploited for illegal plot splitting and sales, increasing fraud risks for buyers. In project developments, Khanh Hoa broke grou...

Today’s real estate market saw a series of large-scale planning and urban development proposals. Bau Hien’s T&T Group proposed studying four planning projects in Tuyen Quang, including the Dong Van ancient town and Lung Cu Flag Tower area covering 6,000 hectares. In Hung Yen, the Pho Hien commercial port project spans more than 1,708 hectares and is planned to include four functional zones aimed at recreating the vibrant trading space of the past. In northeastern Ho Chi Minh City, Kinera, a member of Kim Oanh Group, is cooperating with Longfor to plan the nearly 50-hectare One Era urban area. In industrial real estate, Prodezi Industrial Park in Tay Ninh attracted three additional projects over the past two months, with total investment of approximately 24 million USD. Of this amount, a Singaporean investor committed 20 million USD to build the Leachan Vietnam fiber manufacturing plant. Real estate in southern Da Nang is also seen as having additional room for growth as transport...

The real estate market continues to see notable developments in legal issues, policy and housing accessibility. HoREA warned that legal gaps in land parcel separation are being exploited by individuals posing as private sellers to illegally subdivide and sell plots, shifting the risk of fraud onto buyers. In the social housing segment, the Ho Chi Minh City Real Estate Association proposed restoring residency requirements to reduce overcrowding and limit competition for units. Several associations and businesses also proposed allowing developers to collect a 5% deposit as soon as a project begins construction, instead of waiting until the foundation is completed and other current sales conditions are met. Meanwhile, the Government proposed abolishing the 0.2% tax rate on encroached land, while experts said the criteria for identifying abandoned land must be clarified to avoid placing additional burdens on projects facing objective obstacles. In terms of prices and demand, apartments i...

The real estate market continues to record notable developments in prices, supply and policy. In former Binh Duong, apartments that were once commonly priced at VND 35-40 million per square meter now have an average price of up to VND 60 million per square meter, making units below VND 45 million per square meter increasingly difficult to find. Meanwhile, many homebuyers in Ho Chi Minh City are willing to leave central areas for suburban locations and new urban zones, where they can find larger spaces and more suitable prices. Although housing supply in Ho Chi Minh City and several localities has increased significantly and purchasing demand has cooled, primary home prices remain high because product structures, development costs and profit expectations have not changed. In Hanoi, the Minh Duc social housing project in Me Linh Commune is expected to receive applications from October 24, with prices starting at VND 1.6 billion per unit, equivalent to nearly VND 24 million per square met...

The real estate market is seeing notable developments in policy, housing supply and demand. For old apartment buildings constructed in 1994 or earlier, apartment owners may receive compensation in the form of housing, land or money when the buildings are demolished, but they are not allowed to contribute funds themselves to rebuild them. Residents’ ownership rights also do not automatically disappear when an apartment building reaches the end of its service life, while the legally defined service life of a building is at least 50 years. In Ho Chi Minh City, many homebuyers are willing to leave central areas to seek larger living spaces and more suitable prices in suburban areas and new urban developments. However, although supply in Ho Chi Minh City and many localities has increased sharply, primary housing prices remain high because product structures, development costs and profit expectations have not changed. Some affordable apartments have been discounted by several hundred million...